Answer:
4.
Explanation:
Based on the scenario being described within the question it can be said that under these circumstances, Land should request Star to arrange a meeting among the three parties to resolve the matter. Otherwise if left unattended it could lead to various complications for all three parties involved. Therefore the best option would be to analyze and revise the necessary information as fast as possible.
The method which is used to determine an applicant's score which is based on the expert judgement of the manager is clinical prediction.
Given an incomplete sentence related to the method of determining an applicant's score which is based on the expert judgement of the manager.
We are required to fill the blank with appropriate term.
The term which is most suitable for the sentence is clinical prediction.
A clinical prediction rule is basically a combination of clinical findings that have statistically demonstrated meaningful predictability in determining a selected condition or prognosis of a patient who has been provided with a specific treatment. There are specific rules that are used to determine the applicant's score.
Hence the method which is used to determine an applicant's score which is based on the expert judgement of the manager is clinical prediction.
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Answer:
$217,500
Explanation:
We know that the
Cost of goods sold = Sales revenue - gross profit
= $375,000 - $157,500
= $217,500
To compute the cost of goods sold we deduct the gross profit from the sales revenue so that the cost of goods sold can come.
And, the net income would be ignored
This is the answer but the same is not provided in the given options
Answer:
Equilibrium quantity would increase. there would be an indeterminate effect on equilibrium price
Explanation:
If fewer people go on vacation fewer people would board planes. As a result, the demand curve for planes would shift inwards. This would lead to a decrease in equilibrium price and quantity.
As a result of the higher cost of providing services, fewer planes would be in operation. This would lead to an inward shift of the supply curve. Equilibrium price would increase and equilibrium quantity would decrease.
Taking this two effects together, equilibrium quantity would increase. there would be an indeterminate effect on equilibrium price.
Answer and Explanation:
a. The computation of operating profit is shown below:-
Profit per unit = Purchase price from outside per unit + variable cost of production internally
= $15 - $7
= $8
Total increment in operating profit = Profit per unit × Total number of units
= $8 × 24,000
= $192,000
b. Minimum transfer price = Variable cost = $7 (because polk has overcapacity and there is no change in fixed cost and polk minimum has to recover its variable production cost)
c. Maximum transfer price = purchase cost from outside supplier = $15 (because if the internal transfer piece is more than $15 Bishop will lose so he prefers to buy from outside and the company as a whole will lose $192,000 in incremental operating profit
